About ShopSe
ShopSe is a company based in Mumbai (India) founded in 2020 by Abhishek Nimonkar, Yagnesh Desai, and Pallav Jain. ShopSe has raised $11.81 million across 3 funding rounds from investors including Pentathlon Ventures, Beenext and Chiratae Ventures. The company has 160 employees as of March 27, 2024. ShopSe offers products and services including Payment Acceptance Platform and EMI Solutions.
- Headquarter Mumbai, India
- Employees 160 as on 27 Mar, 2024
- Founders Abhishek Nimonkar, Yagnesh Desai, Pallav Jain
- Stage Minicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Newbazaar Technologies Private Limited
- Date of Incorporation 13 Dec, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$7.59 M (USD)98.48as on Mar 31, 2023
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Net Profit
-$4.16 M (USD)-199.71as on Mar 31, 2023
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EBITDA
-$4.5 M (USD)-177.15as on Mar 31, 2023
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Total Equity Funding
$11.81 M (USD)
in 3 rounds
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Latest Funding Round
$6.1 M (USD), Series A
May 07, 2022
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Investors
Pentathlon Ventures
& 15 more
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Employee Count
160
as on Mar 27, 2024
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Products & Services of ShopSe
ShopSe offers a comprehensive portfolio of products and services, including Payment Acceptance Platform and EMI Solutions.
A centralized system is provided for accepting various payment types, including EMIs and full payments, to minimize transaction friction.
Instant EMI options are offered for customers with credit cards or pre-approved limits, facilitating easier access to financing.
People of ShopSe
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Funding Insights of ShopSe
ShopSe has successfully raised a total of $11.81M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.1 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ShopSe
ShopSe has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Pentathlon Ventures, Beenext and Chiratae Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital fund
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Locked | Locked | Locked | |
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Venture capital fund focused on seed-stage startups
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Locked | Locked | Locked | |
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Venture capital fund focused on fintech startups
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Locked | Locked | Locked |
Investor details for ShopSe
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Investments & Acquisitions by ShopSe
Investment portfolio details for ShopSe
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Financial Statements - ShopSe
Detailed financials for ShopSe
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Shopse Comparisons
Peer comparison for ShopSe
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Competitors of ShopSe
Detailed competitors of ShopSe
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Latest news on Shopse
Complete news archive for ShopSe
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Frequently Asked Questions about ShopSe
ShopSe was founded in 2020.
ShopSe is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pallav Jain is the current CEO of ShopSe. They have also founded this company.
ShopSe is a funded company, having raised a total of $11.81M across 3 funding rounds to date.
As of Mar 27, 2024, the latest employee count at ShopSe is 160.
Annual revenue of ShopSe is $7.59M as on Mar 31, 2023.
ShopSe was founded in 2020 in Mumbai, India, within the fintech sector. A centralized payment platform is provided to businesses, enabling diverse options such as installment plans for credit card holders and new-to-credit customers. Payments are managed across online and offline channels through this system, supporting seamless transactions for various merchants.
ShopSe offers Payment Acceptance Platform and EMI Solutions.
ShopSe has 16 investors. Key investors include Pentathlon Ventures, Beenext, Chiratae Ventures, White Venture Capital, and Opus.
The valuation of ShopSe is $68.66M as of May 2022.